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The Latest Breaking News on Real Estate

Mansion tax will knock £50,000 off high-value homes, ministers admit

The tax will raise £400 million for Treasury, the Government said

Evening Standard

Black Lives Matter leader indicted on embezzlement and wire fraud charges

Tashella Dickerson is accused of using millions of dollars in donations to pay international trips, personal real estate and grocery deliveries

The Independent UK

Stop bed bugs from ruining your guest room mattress this holiday season — all you need is a credit card

Bed bugs love the busy holiday season so keep them out of your mattress with this handy bed bug prevention kit you already own.

Tom’s Guide

From analysis to the latest developments in health,
read the most diverse news in one place.

Oklahoma Black Lives Matter leader indicted for fraud, money laundering

The longtime leader of the Black Lives Matter movement in Oklahoma City has been indicted for fraud and money laundering

The Independent UK

Last meal request for Georgia killer set for execution includes meat lovers pan pizza and cornbread

Stacey Humphreys is set to be executed next Wednesday

The Independent UK

Council housing and student flats above major Tube station approved again

Southwark Council’s Planning Committee has approved the development on top of Southwark Tube station

Evening Standard

Average US long-term mortgage rate ticks up to 6.22%, but remains close to its low for the year

The average rate on a 30-year U.S. mortgage edged higher this week, though it remains relatively near its low point so far this year

The Independent UK

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Bulldozing affordable Sydney flats for luxury builds makes people ‘extremely cynical’ about development, Spender warns

NSW housing policy states higher density developments must allocate some ‘affordable’ units – but in some suburbs these can still fetch up to $1,000 a week

The Guardian - AU

Islington council gives green light to massive Barnsbury redevelopment

New Barnsbury Estate will be demolished and 1,116 new homes created in one of the borough’s biggest housing schemes for decades

Evening Standard

New Queensland laws overturning ban on property developer donations will ‘legalise another avenue of corruption’, Greens say

Attorney general Deb Frecklington says ban was a ‘financial gerrymander’ because it didn’t apply to trade unions

The Guardian - AU

The Fed cut rates for third time this year. Here’s what it means for mortgages

‘The Fed looks in the rearview mirror, and we are looking at the front windshield,’ a mortgage expert told The Independent

The Independent UK

The Guardian view on England’s social housing system: failing the very people it was built for

Editorial: Austerity hollowed out provision and hardened eligibility rules. A broken safety net now shuts out the poorest and drives rising homelessness

The Guardian - UK

Judge weighs halting execution of Georgia man seeking protection under pandemic agreement

A federal judge says she plans to rule quickly on a Georgia man's assertion that his execution next week should be halted

The Independent UK

No wonder Michele Bullock’s dramatic departure from the RBA’s interest rate script left markets swinging wildly

Less than two months ago the market was predicting the cash rate would be at 3.35% but that by May next year a further cut to 3.1% was almost certain

The Guardian - AU

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The Independent UK

Is the dream of owning a home once again within reach? Yes, experts say - but point to one worrying trend

Housing affordability improved to levels that haven’t been seen since early 2023

Evening Standard

Plans for hundreds of homes on north London station car park rejected

The scheme would have seen five blocks built next to High Barnet station

Evening Standard

Transport is the lifeblood of London's economy - we need to get it right

The Thamesmead DLR extension is a powerful signal and confidence-builder in the market, but it must be the start of a joined-up approach

Evening Standard

Berkeley boss urges 1% interest rate cut by March to kick-start stalled housebuilding

London’s biggest housebuilder says higher taxes, regulation and interest rates are holding back investment and development amid “very challenging” backdrop

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International Business Times

Brian DiPietro: Balancing Vision and Value with ROCKiT Architects

For DiPietro, innovative architecture starts with efficiency. In a volatile market, where construction costs and regulations shift overnight, flexibility becomes essential.

Reason

Sweating the Little Things

The freedom to build in-law suites and home additions is crucial, even if it doesn't get us all the way to housing "abundance."

The Guardian - US

New York archdiocese seeks $300m to settle claims by clergy abuse survivors

Largest US Catholic archdiocese is raising funds, selling assets and cutting costs to compensate about 1,300 victims

AAP

February is live: RBA warns of impending rate hike

The average mortgage-holder's repayments could soon jump an extra $90 a month, with another Reserve Bank interest rate hike on the cards as early as February.

Kiplinger

How Financial Advisers Can Deliver a True Family Office Experience

The family office model is no longer just for the ultra-wealthy. Advisory firms will need to ensure they have the talent and the tech to serve their clients.

Benzinga

Kevin O'Leary Says This Is The 'Biggest Money Trap' Which Leads To Financial Suffocation

Kevin O'Leary says the most dangerous money mistake people tend to make without realizing it is not a bad stock pick, but buying a house that's too big and letting emotion run their budget instead of math.

The Guardian - AU

Australia is facing its shortest rate cut cycle in 30 years as the RBA hints it may have to start hiking

It’s sure to leave many mortgage holders feeling short-changed given the RBA’s equally historic 13 rate hikes through 2022 and 2023

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